Gold is here to stay and with HARMONY mining in Papua New Guinea where the costs of mining gold are around $350 per ounce,this one new mine to watch out for.
Platinim is also on the march as the world starts to recover .Read the full reports in early may on http://www.sashares2010.blogspot.com/
The next great chase is on
There is a word wide scramble to find LITHIUM,used in electric cars,computers etc.Over a hundred companies are taking part.Lithium is found in clays and brine.
The COAL price has almost reached $100 per tonne FOB at Richards coal terminal.This is the first time for about a year that it has gone to this price.India and China is now taking 50% of our export coal.Europe is becoming worried about the future as they might NOT be able to get enough supplies in three months time to build up stocks for their next winter.
Saturday, April 24, 2010
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